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Dana to Provide Advanced Front and Rear Axles for Three Land Rover Vehicles

TOLEDO, Ohio, Oct. 30 -- Dana Corporation announced today that its Traction Technologies Group has been selected to supply front and rear axles to support Land Rover's future platform initiatives in the premium sport-utility market.

The high-volume family of advanced, four-wheel drive vehicles will incorporate a variety of innovative traction systems supplied by Dana to achieve a new standard in driver satisfaction. Both the front and rear axles feature industry-leading refinements in efficiency, performance, and acoustics.

``This new program supports our efforts to work closely with customers globally to develop the traction technology needed for next-generation vehicles,'' said Joe Magliochetti, Dana chairman and CEO. ``The nature and scope of these programs demand a supplier that is innovative, quality-driven, and global. Being chosen by a company such as Land Rover is representative of Dana's leadership in these areas.''

``The challenge we have embraced is two-fold: satisfying the robust nature of axle durability required to further the heritage of Land Rover vehicles, and meeting world-class demand for acoustic refinement,'' added Bill Carroll, president of Dana's Automotive Systems Group.

Other recent Dana traction technologies include the integrated front pan axle, the Hydra-Lok(TM) limited-slip differential, the TXT(TM) differential, and the Dual Advantage(TM) dual-disconnect system.

Dana's Traction Technologies Group consists of 25 manufacturing, assembly, and research facilities in 16 countries. The group encompasses a wide variety of traction-oriented solutions -- from individual components to the gearless technologies of tomorrow. Its operations span six continents and are strategically located to efficiently address the evolving demands of light- vehicle OEMs.

The Traction Technologies Group is part of Dana's Automotive Systems Group, a leading provider of under-the-vehicle integration technologies for automotive manufacturers worldwide. The group offers advanced driveline design solutions, complete integrated systems engineering, and logistics, drawing upon nearly a century of expertise in the following products: Spicer® axles and driveshafts; GETRAG® differentials, PTUs, and transaxles; structures and chassis systems; Nakata® steering and suspension systems; FTE® brake and clutch actuation systems; TTC and Tremec® transmissions; and all-wheel driveline systems engineering from Drive-Tek(TM), a Dana/GKN joint venture